BEKE vs. SPY
BEKE (KE Holdings Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, BEKE returned -20.95%/yr vs 12.96%/yr for SPY. At a 0.24 correlation, their price movements are largely independent.
Performance
BEKE vs. SPY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BEKE achieves a -4.35% return, which is significantly lower than SPY's 8.10% return.
BEKE
- 1D
- -0.74%
- 1M
- -9.76%
- YTD
- -4.35%
- 6M
- -6.02%
- 1Y
- -18.30%
- 3Y*
- 2.20%
- 5Y*
- -20.95%
- 10Y*
- —
SPY
- 1D
- -0.05%
- 1M
- -1.41%
- YTD
- 8.10%
- 6M
- 6.77%
- 1Y
- 22.18%
- 3Y*
- 20.66%
- 5Y*
- 12.96%
- 10Y*
- 15.53%
BEKE vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BEKE KE Holdings Inc. | -4.35% | -12.65% | 16.49% | 17.37% | -30.62% | -67.31% | 75.53% |
SPY State Street SPDR S&P 500 ETF | 8.10% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 11.72% |
Correlation
The correlation between BEKE and SPY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2020 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BEKE vs. SPY — Risk / Return Rank
BEKE
SPY
BEKE vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KE Holdings Inc. (BEKE) and State Street SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BEKE | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.30 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.33 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 2.51 | -3.18 |
| Martin ratioReturn relative to average drawdown | -1.24 | 11.15 | -12.39 |
Loading charts...
Drawdowns
BEKE vs. SPY - Drawdown Comparison
The maximum BEKE drawdown since its inception was -88.26%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BEKE and SPY.
Loading charts...
Drawdown Indicators
| BEKE | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.26% | -55.19% | -33.07% |
Max Drawdown (1Y)Largest decline over 1 year | -27.26% | -8.88% | -18.38% |
Max Drawdown (3Y)Largest decline over 3 years | -41.39% | -18.76% | -22.63% |
Max Drawdown (5Y)Largest decline over 5 years | -82.58% | -24.50% | -58.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -79.21% | -3.22% | -75.99% |
Average DrawdownAverage peak-to-trough decline | -67.96% | -9.03% | -58.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.74% | 1.99% | +12.75% |
Volatility
BEKE vs. SPY - Volatility Comparison
KE Holdings Inc. (BEKE) has a higher volatility of 9.68% compared to State Street SPDR S&P 500 ETF (SPY) at 4.85%. This indicates that BEKE's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BEKE | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.68% | 4.85% | +4.83% |
Volatility (6M)Calculated over the trailing 6-month period | 28.24% | 9.81% | +18.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.20% | 12.47% | +23.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.21% | 17.15% | +56.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.12% | 17.95% | +56.17% |
Dividends
BEKE vs. SPY - Dividend Comparison
BEKE's dividend yield for the trailing twelve months is around 1.86%, more than SPY's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEKE KE Holdings Inc. | 1.86% | 2.28% | 1.91% | 1.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.03% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
BEKE and SPY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEKE has higher volatility (9.68%) compared to SPY (4.85%). In terms of maximum drawdown, BEKE dropped -88.26% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.79 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BEKE and SPY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer